| Product Code: ETC5175320 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus saw a substantial increase in Computer Numerical Control machines import shipments, with key export countries including China, Belgium, Germany, Greece, and the UK. The Herfindahl-Hirschman Index (HHI) remained at a high concentration level, indicating a competitive market landscape. The impressive compound annual growth rate (CAGR) of 19.96% from 2020 to 2024 underscores the growing demand for CNC machines in Cyprus. Furthermore, the remarkable growth rate of 50.33% from 2023 to 2024 indicates a rapid acceleration in the market, presenting opportunities for both suppliers and buyers in the industry.

Cyprus's Computer Numerical Control Machines market is anticipated to experience a stable growth rate of 2.20% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Computer Numerical Control Machines Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Computer Numerical Control Machines Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Computer Numerical Control Machines Market - Industry Life Cycle |
3.4 Cyprus Computer Numerical Control Machines Market - Porter's Five Forces |
3.5 Cyprus Computer Numerical Control Machines Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Computer Numerical Control Machines Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cyprus Computer Numerical Control Machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Computer Numerical Control Machines Market Trends |
6 Cyprus Computer Numerical Control Machines Market Segmentations |
6.1 Cyprus Computer Numerical Control Machines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Lathe Machines, 2021-2031F |
6.1.3 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Milling Machines, 2021-2031F |
6.1.4 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Laser Machines, 2021-2031F |
6.1.5 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Grinding Machines, 2021-2031F |
6.1.6 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Welding Machines, 2021-2031F |
6.1.7 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Winding Machines, 2021-2031F |
6.2 Cyprus Computer Numerical Control Machines Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.4 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Construction Equipment, 2021-2031F |
6.2.5 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Power & Energy, 2021-2031F |
6.2.6 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.7 Cyprus Computer Numerical Control Machines Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Computer Numerical Control Machines Market Import-Export Trade Statistics |
7.1 Cyprus Computer Numerical Control Machines Market Export to Major Countries |
7.2 Cyprus Computer Numerical Control Machines Market Imports from Major Countries |
8 Cyprus Computer Numerical Control Machines Market Key Performance Indicators |
9 Cyprus Computer Numerical Control Machines Market - Opportunity Assessment |
9.1 Cyprus Computer Numerical Control Machines Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Computer Numerical Control Machines Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cyprus Computer Numerical Control Machines Market - Competitive Landscape |
10.1 Cyprus Computer Numerical Control Machines Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Computer Numerical Control Machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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